4103 E M94 HwyChathamMI49816
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Chatham at 4103 E M94 Hwy, Chatham, MI, 49816 offers a 7.63% rental yield on a $549,000 purchase with $3,491/mo rent. 2% in year one. Equity gained on principal adds $3,543/yr while 5% annual appreciation supports $151,679 over five years. Portfolio math shows five-year ROI at 99.55% and total cumulative return in cash at $179,816. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,491/mo property income against a $2,687/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49816, Chatham, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 543 (100%) |
| Owner Occupied HU | 286 (52.7%) |
| Renter Occupied HU | 23 ( 4.2%) |
| Vacant Housing Units | 234 (43.1%) |
| Median Home Value | $220,408 |
| Average Home Value | $251,792 |
Housing Distribution
Address Breakdown
Residential
107
Single Family
107
Multi-Family
0
Businesses
29
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Listed by: AMY SCHIEDING • RE/MAX SUPERIORLAND
Mls Name: Upper Peninsula AOR
Mls Provider:
Mls ID: #50142236
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